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$916,000

NAL Estimated Property Value

2327 Southgate Blvd, Houston, TX, 77030

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$454.19 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0600430040015
Lot Number15
SubdivisionWindermere
Land UseResidential
Legal DescriptionLT 15 BLK 4 WINDERMERE
Census Tract412202
Assessed Land Value$703,125
Assessed Improvement Value$198,321
Assessment Year2025

About this property

Charming, adorable renovated Southgate cottage offers a 2019 updated kitchen with quartz countertops, subway backsplash, farm sink, self-closing cabinets, hardwood floors, stainless steel appliances, & sconce lighting plus a clever built-in desk area! The large living room is great for entertaining & flows seamlessly into the oh-so-pretty dining room and on to the kitchen. The study, currently being used as a nursery, can serve as a 3rd bedroom or a playroom. The large master suite has nice closet space + an updated ensuite master bath with walk-in shower & dual sink vanity. The hall bath has been updated to showcase the shiplap, adding a tub with shower, so cute! Other updates include 2013 sewer line replaced with PVC, 2014 new garage, 2016 roof, gutters & downspouts, 2016 exterior painted, 2019 interior painted, 2019 plantation shutters, 2020, auto driveway gate. The backyard is a delight! Easy access to Rice University, Rice Village, Texas Medical Center. All Info Per Seller.

Investor Tools

Property Icon
$916,000
Estimated Property Value
$704,223Estimated Mortgage Balance
$211,777Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,496 /month
Positive
Cash Flow Estimate:
$1,832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,230
$901,446
2025
$703,125
$198,321
$901,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,230
$901,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$713,600
No
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$704,223
$239,777
25%
77%
$4,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$4,279/mo
$-2,509/mo
2.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2327 Southgate Blvd | Property Details | No Agent List